Ennis, Inc. (NYSE:EBF) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Ennis, Inc. (NYSE:EBF) by 61.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,751 shares of the industrial products company’s stock after buying an additional 10,995 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ennis were worth $699,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EBF. Point72 Asset Management L.P. acquired a new stake in Ennis in the second quarter valued at approximately $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Ennis during the 2nd quarter valued at $54,000. FMR LLC increased its stake in Ennis by 34.6% during the 3rd quarter. FMR LLC now owns 3,324 shares of the industrial products company’s stock worth $81,000 after buying an additional 855 shares during the period. SG Americas Securities LLC acquired a new position in Ennis in the 3rd quarter worth $103,000. Finally, CWM LLC lifted its holdings in Ennis by 30.9% in the 3rd quarter. CWM LLC now owns 5,039 shares of the industrial products company’s stock worth $123,000 after buying an additional 1,190 shares in the last quarter. 74.33% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Ennis from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 11th.

Ennis Stock Up 0.8 %

EBF stock opened at $21.03 on Friday. The stock’s 50 day moving average is $21.09 and its two-hundred day moving average is $22.23. Ennis, Inc. has a 52-week low of $18.88 and a 52-week high of $25.75. The company has a market capitalization of $546.86 million, a PE ratio of 13.31 and a beta of 0.41.

Ennis (NYSE:EBF) last released its quarterly earnings results on Monday, September 23rd. The industrial products company reported $0.40 earnings per share for the quarter. The business had revenue of $99.04 million during the quarter. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Ennis Profile

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.